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Kearny Financial (Kearny Financial) Shiller PE Ratio : 12.50 (As of Apr. 26, 2024)


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What is Kearny Financial Shiller PE Ratio?

As of today (2024-04-26), Kearny Financial's current share price is $5.75. Kearny Financial's E10 for the quarter that ended in Dec. 2023 was $0.46. Kearny Financial's Shiller PE Ratio for today is 12.50.

The historical rank and industry rank for Kearny Financial's Shiller PE Ratio or its related term are showing as below:

KRNY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.11   Med: 78.39   Max: 177.78
Current: 12.5

During the past years, Kearny Financial's highest Shiller PE Ratio was 177.78. The lowest was 12.11. And the median was 78.39.

KRNY's Shiller PE Ratio is ranked worse than
69.96% of 1122 companies
in the Banks industry
Industry Median: 10.395 vs KRNY: 12.50

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Kearny Financial's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.46 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kearny Financial Shiller PE Ratio Historical Data

The historical data trend for Kearny Financial's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kearny Financial Shiller PE Ratio Chart

Kearny Financial Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.44 37.83 41.11 27.22 14.88

Kearny Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.49 17.94 14.88 14.14 19.43

Competitive Comparison of Kearny Financial's Shiller PE Ratio

For the Banks - Regional subindustry, Kearny Financial's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kearny Financial's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Kearny Financial's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Kearny Financial's Shiller PE Ratio falls into.



Kearny Financial Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Kearny Financial's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5.75/0.46
=12.50

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kearny Financial's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Kearny Financial's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.22/129.4194*129.4194
=-0.220

Current CPI (Dec. 2023) = 129.4194.

Kearny Financial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.022 99.695 0.029
201406 0.029 100.560 0.037
201409 0.030 100.428 0.039
201412 0.020 99.070 0.026
201503 0.040 99.621 0.052
201506 -0.040 100.684 -0.051
201509 0.030 100.392 0.039
201512 0.040 99.792 0.052
201603 0.050 100.470 0.064
201606 0.050 101.688 0.064
201609 0.050 101.861 0.064
201612 0.060 101.863 0.076
201703 0.050 102.862 0.063
201706 0.050 103.349 0.063
201709 0.070 104.136 0.087
201712 0.020 104.011 0.025
201803 0.070 105.290 0.086
201806 0.080 106.317 0.097
201809 0.120 106.507 0.146
201812 0.120 105.998 0.147
201903 0.130 107.251 0.157
201906 0.100 108.070 0.120
201909 0.130 108.329 0.155
201912 0.130 108.420 0.155
202003 0.110 108.902 0.131
202006 0.170 108.767 0.202
202009 0.130 109.815 0.153
202012 0.200 109.897 0.236
202103 0.200 111.754 0.232
202106 0.240 114.631 0.271
202109 0.260 115.734 0.291
202112 0.260 117.630 0.286
202203 0.250 121.301 0.267
202206 0.170 125.017 0.176
202209 0.250 125.227 0.258
202212 0.030 125.222 0.031
202303 0.160 127.348 0.163
202306 0.190 128.729 0.191
202309 0.160 129.860 0.159
202312 -0.220 129.419 -0.220

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Kearny Financial  (NAS:KRNY) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Kearny Financial Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Kearny Financial's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Kearny Financial (Kearny Financial) Business Description

Traded in Other Exchanges
N/A
Address
120 Passaic Avenue, Fairfield, NJ, USA, 07004
Kearny Financial Corp is a federally-chartered stock savings bank. The bank is engaged in the business of attracting deposits from the general public in New Jersey and New York, and using these deposits, together with other funds, to originate or purchase loans for its portfolios and invest in securities. The bank's loan portfolio is chiefly comprised of loans collateralized by commercial and residential real estate. It is also heavily into secured and unsecured business and consumer loans. The bank's primary source of income is net interest income.
Executives
Melvina Wong-zaza director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
John F Mcgovern director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Curtland E Fields director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Thomas Demedici officer: EVP and CCO 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Timothy A Swansson officer: EVP and CTIO 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Leopold W Montanaro director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Charles J Pivirotto director C/O KEARNY FINANCIAL CORP., 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Mazur John J Jr director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
John F Regan director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Raymond E. Chandonnet director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Patrick M Joyce officer: EVP/CLO C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Theodore J Aanensen director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Christopher Petermann director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Catherine A Lawton director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Matthew T Mcclane director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004